Transaction Advisor selected for Nairobi - Thika road PPP

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Transaction Advisor selected for Nairobi - Thika road PPP

The government of Kenya has selected a consortium led by Intercontinental Consultants & Technocrats Pvt. Ltd. as transaction advisor (TA) for the Nairobi - Thika road PPP project.

The contract involves the provision of transaction advisory services for the operation and maintenance (O&M) of the Nairobi - Thika road PPP project to be implemented for a period of twenty four months. Specifically the services includes:

  • Project marketing, including information memorandum and road show presentations,
  • Pre-qualification documentation and processes,
  • Data room design and documentation, if needed
  • Bid documentation, legal and contractual documentation,
  • Bid process implementation and support for bidder consultations, clarification of requests, negotiation of contract terms and amendment of the contracts through to financial close including any new documentation or analysis required.

Construction of the eight-lane 50 km superhighway, starting from Nairobi and running up to the outskirts of Thika, was completed in Nov, 2012.

According to the Infrastructure Principal Secretary John Mosonik the government plans to hire transaction advisers to implement toll stations scheme. The funds collected will be used for road maintenance as Kenya embarks on an ambitious plan to construct 10,000 kilometres of roads by 2017.  In January, Mr Mosonik stated:

"Toll roads scheme will completely be a private-public partnership and we hope to get a transaction adviser by next month to roll it out. Mombasa-Nairobi-Nakuru highway, Thika Road and Southern by-pass will be the first to be incorporated under this scheme,"

The financing for the contract has been provided by the WorldBank.Recently the government of Kenya has selected a consortium led by PricewaterhouseCoopers (PwC) as transaction advisor for the Mombasa-Nairobi highway expansion PPP project.Deloitte has been selected as lead transaction advisor for the development of the Second Nyali Bridge PPP project.
List of country news

Country news

  • March 02, 2015

    IL&FS wins road concession in Kenya

    ITNL International, a wholly owned subsidiary of IL&FS Transportation Networks, Read more
  • March 25, 2015

    Kenya seeks interest from foreign financiers for PPP projects

    The government is seeking interest from foreign financiers for the Mombasa-Nairobi highway expansion PPP project and for the Nairobi - Nakuru road PPP project. Read more
  • April 10, 2015

    Kenya launches tender for health PPP project

    The Kiambu county government, Kenya, has launched a request for expressions of interest (RFEOI) for the County Government Hospital master plan under PPP. Read more
  • April 20, 2015

    Kenya launches tender for hospital through PPP

    The County Government of Nyeri (Kenya), through the Department of Health Services, has launched a tender process to redevelop the Mt. Kenya Hospital.The project involves the redevelopment of the Mt. Kenya Hospital, which  is currently a public level IV hospital, into a 200 bed capacity specialty hospital. In addition to the 200 bed capacity hospital, a doctors' plaza with 30 consultation rooms for lease is also proposed. Read more
  • April 27, 2015

    MTBS selected as Transaction Advisor for Kenyan port project

    The Kenya Public Private Partnership Unit (PPPU) has selected Maritime & Transport Business Solutions (MTBS) as its transaction advisor for the Kisumu sea port development project. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.